2In the Northern Ireland Assembly Disqualification Act 1975, in Part III of Schedule 1, after the entry “Director of Cable and Wireless Limited nominated by a Minister of the Crown or government department” there shall be inserted—
“Director of any of the following—
a company which for the time being holds a licence under Chapter I of Part I of the Transport Act 2000 (a licence company);
a company of which a licence company is a subsidiary (within the meaning given by section 736(1) of the Companies Act 1985 or Article 4(1) of the Companies (Northern Ireland) Order 1986);
a company which is a subsidiary (within the meaning so given) of a licence company.”